Tebas: Some people regard the Premier League as a perfect example, but forget their huge losses and financial risks

In response to the recent controversy over the CVC and La Liga Impulso plans, La Liga chairman Tebas issued a statement to explain.

Tebas Social Media

Regarding the CVC and La Liga Impulso plan, it is necessary to speak clearly.

Impulso is a strategic plan between La Liga and CVC Capital, aiming to promote the global development of La Liga and its clubs.

This CVC agreement was approved overwhelmingly by each club through a secret vote at the General Assembly, and the participation plan is entirely based on a voluntary principle. The purpose is not to hand over the league to investment funds, but in a more pragmatic way: to inject nearly 2 billion euros into Spanish football, and stipulate that at least 70% of it must be used for infrastructure construction, modernization and international promotion. The funds must not be used for signings, wages or short-term turnover, but rather to provide all clubs with the opportunity to renovate and develop their stadiums - this is no longer the prerogative of a few clubs.

Although some people turn a blind eye to this, the results are obvious to all:

Major stadiums and surrounding areas are undergoing major renovations: around the Metropolitan Stadium, Mestalla Stadium, El Sadar Stadium, Valencia City Stadium, Ceramic Stadium... La Liga and La Liga Many projects that have been stalled for many years due to lack of funds have been restarted; the new sports city and the upgrade of existing training bases: Real Betis's project is a typical example, but it is by no means an isolated example; investments in digitalization, technology, audio-visual production and internationalization are promoting La Liga products to enhance their international competitiveness.

These investments have shown real results: the club’s game day and stadium operation income continues to grow as the facilities improve, which is in line with business logic, and commercial income increases simultaneously. Except for the traditional top two, the business data of most clubs in La Liga has increased steadily. This is the reality: stronger assets, increased recurring revenue, and a stronger financial structure.

The so-called player registration problems are actually rare and have nothing to do with the CVC project. They stem more from specific expenditure decisions and economic control rules jointly adopted by clubs, which are designed to prevent chaos in other leagues. Linking the registration issue to the CVC is purely misleading and betrays a lack of in-depth understanding by critics.

When someone regards the Premier League as a perfect example, one detail that is often forgotten needs to be mentioned again: due to the huge losses and financial risks accumulated in recent years, England has been forced to set up a special regulatory agency to supervise club finances. This is clearly not an ideal model for a political system that believes it needs external gatekeepers.

Although some people belittle the CVC agreement year after year, clubs are using these funds to improve their stadiums, training bases, facilities and financial structures. They are building the future down-to-earth.

What really annoys some people with personal calculations is that power and resources are no longer concentrated in the hands of two or three clubs, but are distributed in a league competition system that is stronger, more modern, and less subject to any individual.